FCPT Announces Acquisition of a REI Property from Seritage Transaction for $6.8 Million MILL VALLEY, Calif. (Business Wire) Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Recreation Equipment, Inc. (“REI”) property for $6.8 million from the Seritage transaction announced in October 2019 and expanded in August 2020. The property is located in a strong retail corridor in Virginia and is corporate-operated under a net lease with approximately five years of term remaining. The Seritage transaction was priced at a cap rate in range with previous FCPT transactions.
5 Stocks To Watch For December 31, 2020
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FCPT Announces Acquisition of a REI Property from Seritage Transaction for $6 8 Million
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A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Final Trading Session Of 2020
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Jonathan Graham
The Sustainable Green Printing Partnership (SGP), the leading authority in sustainable printing certifications, announced the elections of new officers and directors. Jonathan Graham, TE Connectivity is new chair of SGP and its 501 8c) 3 affiliated SGP Foundation.
“I look forward to leading SGP in 2021 as we are firmly established with nearly 13 years of certifying printing facilities sustainability practices,” said Jonathan Graham, SGP chair. “SGP certified printers are sustainability leaders, the SGP Board will continue to engage with retailers and print buyers to promote and require SGP certification. SGP certified printers are moving the needle for the entire printing industry to be more sustainable.”